The lack of on what points of e-invoicing the SME’s are missing out, is remedied by some nice insights of how SME’s from different countries perceive different barriers to e-invoicing

SME adoption of electronic invoicing in Europe

Let’s take a look at the adoption of electronic invoicing by SME’s in Europe, according to ACCA. The figure underneath shows how SME’s look at electronic invoicing. It becomes clear that:

they are lacking awareness

there is no need as customers don’t require e-invoicing

it is perceived to be too complex

e-invoicing is not cost effective enough

Geographical differences

Interestingly enough there were differences between several groups of countries, loosely divided into Eastern Europe (including Hungary, Poland, Russia and the Ukraine), the UK+Ireland, and ‘other’ countries. And then you get something like this: